Tesla Rival BYD Eyes Spain for Next EV Factory as European Sales Soar
BYD Bets on Spain for Third European Plant BYD (Build Your Dreams) has rapidly become a global electric vehicle powerhouse, and its next big move could be building a factory in Spain. Reuters reports that BYD – China’s #1 automaker by sales – views Spain as the “top candidate” for its third European car plant, as the company seeks to expand its foothold on the continent reuters.com. The new plant would follow BYD’s first two European production sites: one under construction in Hungary (though mass production there was recently pushed to 2026) and another planned in Türkiye (Turkey) slated to